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Evercore EVR Investment Banking & Equities — Travel and Related Expenses

Other segment segments

Investment Management
$264K+27.5%

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SNEXInstitutional — Travel and business development
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SNEXCommercial — Travel and business development
$2.7M+35.0%
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BAMPrivate equity — Total segment travel and other operating expenses
$8M+60.0%

Other financials

Income statement

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Revenue$1.4B+100%
Net income$301.2M+106%
EPS (diluted)$7.20+107%

Balance sheet

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Cash & equivalents$996.1M+77.0%
Total debt$1.1B+29.6%
Total equity$1.8B+18.3%
Total assets$4.3B+31.9%

Cash flow

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Operating cash flow-$225.9M+58.9%
CapEx$3.1M-84.2%
Free cash flow-$229.0M+59.8%

Valuation

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Market cap$14.38B+51.3%
Enterprise value$14.48B+47.3%
P/E19.3×-2.4×
P/S3.2×+0.1×

Profitability

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Net margin16.4%+2.2pp
FCF margin33.4%+11.8pp

Returns & leverage

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Return on equity45.4%+15.7pp
Debt / equity0.6×+0.1×
Current ratio2.8×-0.5×

Where this comes from

Reported directly by Evercore in its filing.

Tagged under the XBRL concept us-gaap:TravelAndEntertainmentExpense.

The official record: Evercore’s 10-Q, filed May 6, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is Evercore's investment banking & equities — travel and related expenses?
Evercore (EVR) reported investment banking & equities — travel and related expenses of $27.61M in Q1 2026.
How has Evercore's investment banking & equities — travel and related expenses changed year-over-year?
Evercore's investment banking & equities — travel and related expenses increased by 26.6% year-over-year, from $21.81M to $27.61M.
What is the long-term trend for Evercore's investment banking & equities — travel and related expenses?
Over 3 years (2022 to 2025), Evercore's investment banking & equities — travel and related expenses has grown at a 24.0% compound annual growth rate (CAGR), from $49.59M to $94.52M.
What does investment banking & equities — travel and related expenses mean?
The total spending on business travel and client entertainment for the segment's staff.
How do you interpret investment banking & equities — travel and related expenses?
An increase typically signals higher business development activity and potential future revenue growth, while a decrease may indicate reduced client interaction.
How does investment banking & equities — travel and related expenses compare across companies?
Standard expense category for client-facing financial advisory firms.